A purpose-built program for temporary OREO holds: one master agreement covers every property that lands on the balance sheet, with 72-hour onboarding, flat monthly preservation fees, and documentation formatted for the credit file.
Photo-documented condition reports formatted for the credit file
Flat monthly preservation fees, tiered by property type & size
Utilities, life-safety & inspection management during the hold
Make-ready support and automatic termination at closing
How It Works
From first call to steady state
STEP / 01
Notice
Your special-assets team sends the property details — that’s the whole intake.
STEP / 02
Mobilize
Within 72 hours: secured, re-keyed, inspected, and condition-documented.
STEP / 03
Preserve
Monthly inspections, utilities, and life-safety on a flat fee, reported monthly.
STEP / 04
Close
Make-ready support for disposition; the agreement ends automatically at closing.
Our Guarantee
Commitments we put in the contract
Anyone can promise responsive service. Biltmark writes its benchmarks into your agreement. The written service guarantee stands behind every Biltmark program, in every industry.
Complete a service plan then ask us what we’ll guarantee.
2 HR / 4 HR
On-site emergency response in Biltmark crew markets — 24/7/365, with rapid network response nationwide
1 BUS. HOUR
Every routine work order acknowledged within one business hour
NO MINIMUMS
Single properties welcome, with month-to-month terms after the first year
≤ 15%
Capped, transparent markup on subcontracted specialty work — sub invoice attached
MONTHLY
Owner-ready report — spend, work-order history, and preventive maintenance status delivered every month
PHOTO-VERIFIED
Every work order documented with photos and mapped to owner-ready reporting
Flat monthly preservation fees tiered by property type and size, published in the master agreement — so your team can estimate carry costs before the foreclosure is final.
Yes. Occupied and partially occupied assets are managed in coordination with your counsel and receiver, with access, notice, and documentation handled to their direction.
Put a facilities department behind your property
Schedule a free walkthrough and receive a documented, itemized proposal — no pressure, no obligation.